Drowning in the family dynamics (or drama) of your family business? 

Concerned there is no formal agreement among sibling shareholders? 

Afraid your exit will threaten the well-being of the business?

Family businesses have a number of competitive advantages: the ability to make decisions quickly, new employees with extensive prior knowledge about the business, and a strong sense of loyalty, to name a few. 

Yet without an understanding of best management and legal practices that sustain multi-generational family businesses, they can be bound for disaster.

 For example, what happens if you have 1 child working in the family business, and 1 not? “Equal shares” sounds right… but at the same time, unfair.

And what if multiple family members expect you to hand the reins over to them? How do you decide, and how do you handle the transition?

Join us for a complimentary webinar to discover what successful multi-generational family businesses do differently – with family business advisor Rick Raymond and family business attorney Elena Volkova.

On this free webinar, you will learn…

•  How to identify and structure effective leadership roles in a family business.
• Best practices for electing new leaders and managers during times of change.
• The value of involving a board in the management of a transition.
• How to negotiate a buy-sell agreement within a family.

 Save your complimentary spot on this virtual training now.

 Because the last thing you want is to watch the business you built get torn apart as soon as you exit.

 

Register Now! 

Elena Volkova, Esq. is the founding member of Volkova Law Group PLLC, a Manhattan law firm serving the legal needs of local businesses, non-profits and families. Elena works with start-ups and mature businesses helping them incorporate, raise financing, acquire or sell assets and negotiate complex service and employment agreements. Before starting her own practice, she was a capital markets associate at LeBoeuf Lamb (2002-2006) and Linklaters (2006-2011). 

Rick Raymond is founder of The Family Business Leadership™ / The Growth Team, a multidisciplinary management consulting firm working with family enterprises and closely held businesses. Rick Raymond is a family enterprise expert who delivers leadership development and organization structure to businesses drowning in their family dynamics.  He has helped hundreds of organizations and professionals in the critical business areas of organizational structure, business systems, leadership development, team development, business growth, and family and succession planning. Rick is also on the faculty at Zicklin School of Business, Baruch College City University of New York. For more information about his firm, please visit  www.thefamilybusinessleader.com.